Veteran manager Barry Crosthwaite will transition off American Funds AMCAP on Jan. 1, 2022, and retire from American Funds’ parent Capital Group around that time. He worked in business for 14 years before transitioning to asset management and spent his entire 25-year investment career at Capital Group. Crosthwaite will also step away from his portfolio management duties on American Funds Investment Company of America AIVSX and American Funds Growth Fund of America AGTHX on Sept. 1, 2021, and Nov. 1, 2021, respectively.
American Funds AMCAP 529E CAFEX
NAV / 1-Day Return
41.51
/
0.07
%
Total Assets
89.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.940%
Expense Ratio
0.940%
Fee Level
Low
Longest Manager Tenure
15.24
years
Category
Large Growth
Investment Style
Large GrowthMin. Initial Investment
250
Status
Open
TTM Yield
0.01%
Turnover
35%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will CAFEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CAFEX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CAFEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of CAFEX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Upcoming Manager Retirement at American Funds AMCAP Does Not Change Its Ratings
